Max Grossman - Interra Realty Sells Multifamily Property In South Shore, Chicago For $1.065M
7801 South Constance Avenue, Chicago, Illinois 60649, United States
$1,065,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 16, 2022
AI
A multifamily property located at 7801 S Constance Ave in South Shore, Chicago has been sold for a total price of $1,065,000. The transaction took place on 06/17/2022. The property, captured in an image by Max Grossman, is situated in the South Shore market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,065,000
- Date: 06/17/2022
- Address: 7801 S Constance Ave
- Market: South Shore, Chicago
The sale of this multifamily property was facilitated by Max Grossman of Interra Realty.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.89%
Cash-on-Cash
-4.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93